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Health Savings Account (HSA)

With the Kaiser HSA-Qualified $3000 Deductible HMO employees will be eligible to open a health savings account (HSA). 

Brief Overview of the Health Savings Account

  • 2019 Maximum Annual Contributions $3,500/individual, $7,000/family.
  • Contributions will be made using pretax payroll deductions.
  • Health Savings Account funds rollover from year to year; no annual “use it or lose it” rule as with Health Flexible Spending Account.
  • You cannot be enrolled in both the City’s Medical Flexible Spending Account (MRA) and the Health Savings Account.

Eligibility

All Full and Part-time benefited employees are eligible to participate in these programs. Please Note: Employees must be enrolled in the Kaiser HSA-Qualified $3000 Deductible HMO Plan to open a Health Savings Account (HSA).

Cost

There is a $3.25 monthly administrative fee that will be deducted from the participant's account.

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